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said they'd pick up again on monday. >> the good news is we agree on some of the big things. >> reporter: president obama thought he and house speaker john boehner had an agreement to target $4 trillion in cuts. but saturday evening the speaker abandoned that plan, saying it was just too ambitious and couldn't pass. >> to get a big package would require big tax increases in the middle of an economic situation that's extraordinarily difficult with 9.2% unemployment. we think it's a terrible idea. it's a job killer. >> reporter: democrats want to close some tax loopholes to offset the cuts. >> what is really appalling is to see our republican colleagues essentially providing a form of extorti extortion, if you don't agree to deficit reduction the way we want it we're going to put all these jobs at risk. >> reporter: uncle sam's credit rating may be at risk if congress fails to act soon. >> and if that happens, you're going to see catastrophic damage across the american economy and across the global economy. >> reporter: a critical meeting bringing together political leaders wh
mooar, nbc news, washington. >>> we're following several other big stories in the week ahead. the shuttle "atlantis" will return home this week for the final time. the shuttle will undock from the international space station tuesday. it's scheduled to return to kennedy space center thursday, where it will then go on permanent display. it is the final mission for nasa's shuttle program. >>> on tuesday the loudon county board of supervisors will weigh in on the latest cost-cutting proposal regarding the dulles metro rail project. for weeks now they've been meeting with all of the funding partners to figure out how to trim the multimillion-dollar price tag. the latest proposal they're considering was brokered by u.s. transportation secretary ray lahood. >>> and did you see it? the u.s. women's soccer team will be returning stateside after today's nail-biter of a world cup final match. the final came down to penalty kicks, with japan winning. despite the loss, it will be a hero's welcome for the team that became an overnight sensation worldwide after beating brazil in the quarter
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